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In 2014, SMS obtained a contract with British Gas to manage its commercial utility metering, as well as a three-year contract to install and maintain 50% of British Gas Business’s portfolio of gas meter points. [5] This followed the smart metering implementation programme published by the Department of Energy and Climate Change in 2012 and ...
The term smart meter often refers to an electricity meter, but it also may mean a device measuring natural gas, water or district heating consumption. [citation needed] More generally, a smart meter is an electronic device that records information such as consumption of electric energy, voltage levels, current, and power factor.
by 2020, it is expected that almost 72% of European consumers will have a smart meter for electricity. About 40% will have one for gas. [18] the cost of installing a smart meter in the EU is on average between €200 and €250. [18] on average, smart meters provide savings of €160 for gas and €309 for electricity per metering point ...
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Itron completed its acquisition of Silver Spring Networks in January 2018, two American providers of smart meters, grid networks, and software and services. [11] Silver Spring’s Gen5 platform, which provided many of the same features as Itron's OpenWay Riva, has been integrated into a common framework.
OMS Group Logo. The open metering system of the Open Metering System Group e.V. stands for a manufacturer- and media-independent standardization for Meter-Bus (M-Bus) based communication between utility meters (electricity, gas, water, thermal energy), submetering (cold/hot water, thermal energy, heat cost allocators), and systems in the field of smart meters.
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In 2008, Pacific Gas and Electric Company (PG&E) signed an agreement to provide the company's smart meters, and remained the largest customer for at least several years. On July 7, 2011, Silver Spring Networks filed with the U.S. Securities and Exchange Commission (SEC) to raise up to $150 million in an initial public offering .